Agile and secure digital transformation in financial industry through digital financial platform
AI-based financial services are expanding the scope of regulation compliance and risk management in customer consulting, work analytics and automation for less complicated work. Various data recognition and analytics will result in suggestion for customized products and the most optimal consumption patterns. To replace operators, these AI-based services can quickly provide the best answers for the customers and automate complicated work that used to be done manually in order to enhance work productivity.
Thanks to Samsung SDS world’s first blockchain technology for B2B, financial security will be realized while preventing counterfeit and falsification. Also, convenient and expandable financial services such as auto-imposition of insurance premium and integrated point services are now available based on the blockchain network scheme.
As regulations on financial institutions are improved, there have been more cases of cloud conversion among financial institutions in various forms. Thanks to Samsung SDS financial cloud, those financial firms can enjoy some benefits including cost reduction in IT, flexible use of resources and agile businesses. In the cloud environment, users can experience new technologies to introduce in more convenient manners.
"Provides a plan to secure the necessary competencies and continuous competitiveness to provide differentiated financial experiences through data."
"Evolution of financial experience starting from connection", Special contribution to financial IT trends 2019.05, Digital Financial Consulting Team, Samsung SDS
"Learn about isomorphic encryption technology that can fundamentally block personal information issues, which are a prerequisite for data connection, and solve both the use and protection of personal data."
"Measures to Apply Homomorphic Encryption for Expansion and Combination of Financial Data", Special Contribution to Financial IT Trends 2019.03, Digital Financial Consulting Team, Samsung SDS
Insurance sales work will be supported by recognizing documents to request for insurance benefits through AICR, automating work through data collection with RPA utilization, and swiftly responding (24/7) to work related insurance expertise through chatbot.
The duration for assessment and errors from assessment will be reduced by automating document classification and extraction of assessment criteria for the request of insurance benefits. Users can enjoy the improved process of requesting insurance benefits and the benefits can be provided in a timely manner.